In an increasingly volatile world, degrees of freedom for the RBI’s monetary policy committee to ease policy to support growth would be constrained more by foreign exchange movements rather than inflation
4 min read04:01 PM ISTRBI governor Shaktikanta Das warned against premature interest rate cuts, citing significant inflation risks. While the central bank maintains a growth forecast of 7.2%, it awaits inflation to stabilise around 4% before easing rates, diverging from market expectations.
2 min read18 Oct 2024Stock market investors will be closely tracking the global geopolitical situations, and the outcomes of RBI’s Monetary Policy Committee (MPC) as well as the second quarter results of companies, said stock market experts, reported the agency ANI on Sunday.
2 min read6 Oct 2024August’s unexpected rise in inflation, driven by higher food prices, raises doubts about the timing of RBI’s anticipated rate cuts. While easing global crude prices may offer some relief, persistent food inflation could delay monetary policy adjustments.
2 min read13 Sep 2024India’s central bank governor signaled he’s in no hurry to cut interest rates despite recent softening in inflation in the world’s fastest-growing major economy.
3 min read13 Sep 2024With heightened expectations of an interest rate reversal, the DXY has eased to 100.75, which is positive for the INR, and the RBI will monitor the rupee’s relative movement for potential policy action.
3 min read9 Sep 2024The Reserve Bank of India (RBI) will stick to its economic growth estimation of 7.2 per cent for the financial year 2024-25 even though the country experienced a slowdown in the previous quarter, reported the news agency Bloomberg on September 5.
1 min read5 Sep 2024RBI is expected to start cutting rates in October as better monsoons and high crop sowing compared to last year are expected to ease food inflation, according to a Crisil Research report released on August 8.
1 min read11 Aug 2024RBI MPC 2024: Global growth to remain steady in 2024, with heterogeneity across regions, says RBI Governor Shaktikanta Das.
2 min read8 Feb 2024RBI MPC Meeting 2024 Highlights: The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) kept repo rates unchanged at 6.5% and is focused on the withdrawal of accommodation, Governor Shaktikanta Das said. It projects real GDP growth of 7 percent for FY’25 with risks evenly balanced.
1 min read8 Feb 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared